• 동남아시아연구
• /
• 제24권1호
• /
• pp.89-132
• /
• 2014

This study examined Islamic economy of Malaysia. In this process, Islamic economy was classified two fields such as finance and consumption. In finance, this study focuses on development of Islamic banking, Islamic insurance(Takaful) and Islamic capital market and institutional support of Malaysia. In consumption, this study focuses on halal industry and halal certification system of Malaysia. As a result, two fields of Islamic economy in Malaysia are growing up more systematic and extensive than before. Because interest in Islam finance and style is increasing and government of Malaysia has been giving support to these fields. That is, Malaysia is aimed at global hub of Islamic finance and giving various supports to financial field. Indeed, Malaysia is making effort to internationalization and development of halal industry. From these active supports of Malaysia, Islamic economics of Malaysia will be developed and Malaysia will be a leader of Islamic economy in the world.

• Asian Journal of Business Environment
• /
• 제4권2호
• /
• pp.5-11
• /
• 2014

Purpose - This study attempts to examine Islamic banking practices in Iran based on new scientific methods. Design, methodology, and approach - The study used financial ratios demonstrating healthy or non-healthy banks to assess the financial health of banks listed on the Tehran Stock Exchange. The assessment of these ratios with a decision tree as a non-parametric method for modeling is recommended to present this model. Information about the financial health of banks could affect the decisions of different groups of banks' financial report users including shareholders, auditors, stock exchanges, central banks, and so on. Results - The results of the study show that a decision tree is a strong approach for classifying Islamic banks in Iran. Conclusions - To date, several studies have been conducted in various countries on the topic of this study. Considering the importance of Islamic banking, this is one of the first studies in Iran the outcomes of the study may prove helpful to the Iranian economy.

• 동아시아경상학회지
• /
• 제2권2호
• /
• pp.37-47
• /
• 2014

Purpose - In this study, it is attempted to examine the Islamic banking practice in Iran based on new scientific methods. Design/methodology/approach- It is used the financial ratios demonstrating healthy or non-healthy of banks to assess the financial health of listed banks in Tehran Stock Exchange. The assessment of these ratios with use of decision tree as a non-parametric method for modeling is recommended for presenting this model. Information about the financial health of banks could be effective on the decisions of different groups of banks' financial reports users, including shareholders, auditors, stock exchange, central bank and etc. Findings - the results of the study show that Decision Tree is strong approach in order to classifying Islamic banks in Iran. Originality/value- So far, several studies have been conducted in various countries on the topic of this study. Considering the importance Islamic banking, it is almost the first study in Iran and the outcomes of the study may helpful to Iranian economy.

• The Journal of Asian Finance, Economics and Business
• /
• 제7권11호
• /
• pp.1077-1085
• /
• 2020

This research is a literacy study regarding the implementation and management of the economic role of haria as a new strategy in overcoming the problem of the global financial crisis that has hit the middle of the COVID-19 pandemic. The research method comes from previous studies to compare the capitalist, socialist, and sharia economic systems. In response to various economic uncertainties, both internal and external, the ability to seize opportunities and transform has become the key to economic resilience. Islamic economics can be an alternative in responding to the dynamics of the global and national economy. Several things need to be taken into consideration in fulfilling the sharia economy and the primary strategy chosen must come from the inputs given by the stakeholders, including business actors, associations, regulators as well as experts, and academicians. The primary strategy in implementing the sharia economy also requires the support of various parties in order to develop sustainability. Strengthening regulation and governance is one of the fundamental factors. Optimization of the sharia economy based social sector such as Zakat, Infaq, Sadaqah, and Waqaf can be optimized both for collection and distribution so that the concept of sharing can certainly support the development and the economy both nationally and globally.

• 한국실내디자인학회논문집
• /
• 제13권4호
• /
• pp.156-163
• /
• 2004

The Caravanserai, which can be discovered in the Islamic States in the regions of the Northern Africa and the Middle Asia, still maintains its profound influence to the Islamic World as one of significant edifices in the Islamic World. The majority of the Islamic people at the time of the foundation of Islamic State around AD. 7th century was the nomads, and a trade by means of caravan with their neighboring people was their critical activity for obtaining the necessities of life. With its political and social condition of the Islamic State stabilized and economy developed, the scope of commerce began to grow and the scale of trading with foreign countries started to expand. Along with this economic expansion, the caravanserai began to take a shape as a channel through which not only could the commercial commodities be traded but also religious Islamic ideas and important information could be spread into and shared with the people of neighboring countries. The significance of the caravanserai comes from such observation that it did play major roles in consolidating the solidarity of Islamic states and keeping a religious unity among them. The caravanserai, heading far beyond being a mere commercial center, ultimately functioned as a seedbed of life and spirit of the Islam. Starting from the understanding of social and political significance of the caravanserai, I set the first objective of this article to read into the architecture and interior design of the caravanserai and understand the general characteristics of the Islamic architecture and interior design.

• 아태비즈니스연구
• /
• 제5권1호
• /
• pp.33-41
• /
• 2014

Since depositors are motivated by returns, it is important for Islamic banks management to understand the extent that rates of return on deposits influence their customers' decision to deposit. The main objective of the study is to explore the degree of influence of conventional bank's interest rate on Islamic bank's profitability and vice-versa. It has been seen from 2005 to 2011 that the rate of interest declared on deposit by conventional banks has a negative impact on profitability of both types of banks in Bangladesh. Rate of profit declared on deposit by Islamic banks is positively related with their profit earned but negatively related with profit earned by conventional banks. We see that rate of interest declared on deposit by Conventional Banks is positively related with their deposit volume but negatively related with Islamic Bank's deposit. On the other hand, rate of profit declared on deposit by Islamic Banks is negatively related with deposit levels of both types of banks. The survey result shows that almost 85% of the respondents are choosing Islamic banks only from their religious point of view and more than 60% of the sampled Islamic bank customers are reluctant to leave the bank even if conventional banks offer better interest rates.

• International Journal of Computer Science & Network Security
• /
• 제23권10호
• /
• pp.21-29
• /
• 2023

Recently there has been an increase in interest and competition in sharing economy platforms. The success stories of many companies have spread in this field, such as Uber, but on the other hand, there are many other companies that have failed. We studied and analyzed the factors that affect the user's participation in the sharing economy platforms as an essential part of this system, and how to maintain the consumer's intention of use without compromising consumer satisfaction, as it has become an issue of great importance on the path to the success of the sharing platforms. Relying on the expanded valence framework and expectation confirmation theory as a basis, we constructed hypotheses that influence intention to participate in participatory platforms. Results show that system quality, trust, perceived benefits, and satisfaction are important factors that positively influence intention to continue to participate. This research is expected to help researchers move forward with research related to the future and help business managers understand user insights and integrate them with their business model to help the success, development and expansion of their business in the Kingdom of Saudi Arabia.

• The Journal of Asian Finance, Economics and Business
• /
• 제9권1호
• /
• pp.249-257
• /
• 2022

COVID-19 struck without warning, and by the first quarter of 2020, the world had plunged into a state of total closure as a means of containing the pandemic's devastating effect. Certainly, the pandemic shook many economies; some countries were able to cope, while third-world countries lost their invulnerability. Based on this, the current study looked at financial reports from Kuwaiti conventional and Islamic banks from 2019 to 2020 (before and after the pandemic) and compared the findings to see how much of an impact Kuwaiti conventional and Islamic banks had during the COVID-19 epidemic. Financial analysis of financial reports was used as a quantitative methodology, and variables were compared and analyzed, including (the liquidity ratio, profitability ratio, and financial leverage) within (14) Kuwaiti conventional and Islamic banks. The study found that the pandemic had a detrimental impact on both conventional and Islamic banks in Kuwait, as they were the first line of defense for the Kuwaiti economy during lockdowns and quarantines. Furthermore, there were significant implications on the Rate of Return on Investment, Debt, Financial Leverage, and Return on Equity.

• The Journal of Asian Finance, Economics and Business
• /
• 제8권3호
• /
• pp.943-952
• /
• 2021

The Covid-19 pandemic situation has changed all medical priorities. This has put pressure on the World's health sector, which also affects the economy of the whole world. This study aims to study how Islamic work ethics affects the relationship between spiritual leadership and organizational inclusion practices in the health care sector of Pakistan in the COVID-19 situation. This is a mix-method study. Data collected of 158 practicing doctors through survey-based questionnaire and interview was conducted from 30 doctors dealing with direct coronavirus. The organizational inclusion practices variable is used for the first time in a quantitative approach in this study. The reliability and validity of organizational inclusion practices are checked by Adanco, SPSS, and SmartPLS software. For this purpose, data on inclusion practices was also collected from the banking and education sector. Results show that spiritual leadership significantly relates to Islamic work ethics also has a positive connection between spiritual leadership and organizational inclusion practices. Still, Islamic work ethics as a moderator has an insignificant impact on the relationship between spiritual and organizational inclusion practices. Also, from the result, it is verified that the organizational inclusion practices variable is valid and reliable for further studies.

• The Journal of Asian Finance, Economics and Business
• /
• 제8권1호
• /
• pp.751-758
• /
• 2021

This research is conducted to measure the efficiency level of Islamic banking in Indonesia and also to analyze the factors that can affect its efficiency level. This research used a purposive sampling technique to determine the sample size that will be used, with criteria that the bank has been operating since 2010 and consistently published its financial reports during the research period from 2011 until 2019; therefore, the total sample obtained was 11 samples. Analysis for efficiency level is done by using linear programming Stochastic Frontier Analysis (SFA), with test tool in the form of Frontier 4.1 and Eviews9 to find out what factors that affect efficiency. Efficiency test is done by involving input and output, while influence test used bank-specific variables comprising bank size, bank financial ratio, and macro-economy variable. Research result shows that there are only two banks that are almost close to being fully efficient firms, but the result still does not indicate that Islamic bank works efficiently. Results of the influence test show that factors affecting Islamic banking efficiency in Indonesia are bank size, Capital Adequacy Ratio (CAR), Non-Performing Finance (NPF), and Financing to Deposit Ratio (FDR), while other factors are not influential over the study period.